Unlimited Riches: Making Your Fortune in Real Estate Investing

Rating:
Summary: 3 1/2 stars
Review: A solid beginners tome. Gives good advice on how to drum up business. I always say if you can get a couple of good ideas form a book that help you make some money, you've got your money's worth. One thing I really like are the true story tidbits inserted every so often. I really liked the idea on p. 94 and have begun to use this one myself.

One of the weaknesses of a beginners book like this is that all too often they dont explain the numbers. Real estate is all about the numbers. No formulas to help you determine if a certain deal is actually good or not.

Rating:
Summary: 3 1/2 stars
Review: A solid beginners tome. Gives good advice on how to drum up business. I always say if you can get a couple of good ideas form a book that help you make some money, you've got your money's worth. One thing I really like are the true story tidbits inserted every so often. I really liked the idea on p. 94 and have begun to use this one myself.

One of the weaknesses of a beginners book like this is that all too often they dont explain the numbers. Real estate is all about the numbers. No formulas to help you determine if a certain deal is actually good or not.

Rating:
Summary: A REQUIRED READ...REAL SYSTEM, REAL RESULTS!!!
Review: Bravo! Finally a real roadmap complete with strategies and systems for individuals to lead and succeed in life and in business. Learn step-by-step how and where to start by planning your perfect day at work and at play. I learned how to take control over my business instead of having it control me. Mr. Shemin took me by the hand and walked me through the systems and business procedures needed in order to find, analyze, put in contract, close, network and work towards building unlimited riches. Too many other books are full of hype and no substance. I am putting a property in contract this week. It is real, down-to-earth information. A required read for all seeking to build wealth and regain their freedom.

Rating:
Summary: Finally, someone delivers the goods!
Review: I finished this book in a single sitting and filled the book with notes in margins, underlines and highlights along the way. I've read lots of real estate books and taken lots of "Real Estate Riches" courses, but none of them have given me the clear cut, no-nonsense direction a typical person needs to really make it as a Real Estate Investor. I love it!

Rating:
Summary: Little information except how readers can give author more $
Review: I have a few other real estate books and read a great review of this in the LA Times, (thinking they have been right before). This book does have a few good ideas and resent them well. The one thing I thought Robert would cover is HOW he secures some of his financing and different financing options. It felt a bit self-serving when he devoted too much space to the legal service he uses and now represents. I may look at his earlier works before I buy again. I would really love to hear from others on definitive real estate investing books.

Rating:
Summary: I just ordered the book , but wanted to comment on other...
Review: I have been reading these reviews and I just wanted to comment on them. I have yet to read this book but the topic is realistic. Flipping or wholesaling properties is very easy (once you have thoroughly researched your market), lucrative and legal. You can very well get properties well below market value. If you arrange the financing for your buyer and they have their exit strategy defined you can put them in the property without any money of their own. It is not some pie in the sky. It is the reality for many people. Granted you will not get the nicest property in the highest demand area, but you will get the property that has enough wrong with it to scare off the homebuyer who wants a pristine perfect house. There are two parts to the brain, the thinker and the prover, if the thinker wants to believe it impossible and think all the stories are made up, the prover will set out to prove them right. I don't know if this book has good info or not but the answers are out there and the deals are out there.

Rating:
Summary: Show me the money
Review: I read some good reviews of this book, but after reading the book they made me feel like they were written by the author or by some of his friends. Like most books that promise the world, the content under delivers. The book had some great points in it, but it left out some key pieces of information, like how much money you need to get started and what makes a good market from a bad one. He had some great suggestions on what you need to do in order to be a great landlord, but at times I felt like the book was an advertisement for his web site and the services he provides there (for a fee, of course). The book could have been half as long and provided the same information. Writing in the first person, telling his own version of "Rich Dad, Poor Dad" kept the pace fast, but at times was annoying. If you are considering seriously to get into real estate investing, this isn't a bad book to have, but you shouldn't make it your only one.

Rating:
Summary: I just ordered the book , but wanted to comment on other...
Review: If you've never read a book on real estate investing, I would recommend a more seriously written book on the subject, not this get rich quick book. I have read Robert Shemin's earlier books and this is a rehash of them. Try "investing in real estate" or "the unofficial guide to real estate investing". These two books are very well written and don't make real estate investing sound like a late night infomercial, as, unfortunately Robert Shemin's books do.

Rating:
Summary: No Substance
Review: The book is based on the assumption that you can find someone dumb enough to sell you real estate for a 20% to 50% discount. 99.9999% of sellers and their advisors aren't that stupid. If you are that good of a negotiator, you probable already have unlimited riches. The book is a re-hash of the same get rich quick/no money down stuff that has been sold in infomercials and seminars for the past 20 years.

Rating:
Summary: Ditto Kansas City ( Review Below)
Review: This is the fourth book I've read in the past couple of weeks that tells me to just go out and buy properties for 30% off, get the seller to finance it for nothing down, and then flip it for a great profit. What world are these authors living in? More to the point--how can so many gullible readers buy this stuff? Even worse, Shemin spends a chapter trying to sell you a prepaid legal service with which he's involved.I agree with Kansas City. For meat and potatoes and techniques that make sense see M&E's Investing In Real Estate. Shemin has destroyed his credibility with me with this entry into the Carleton Sheets school of nonsense. I expected better.